More NewsOB10 Completes Transition to ISAE 3402

OB10 Completes Transition to ISAE 3402

OB10, a global electronic invoicing (e-invoicing) network, has completed the transition from SAS 70 to ISAE 3402. PricewaterhouseCoopers (PwC) performed the independent assurance work in accordance with the new standard.

ISAE 3402 is the new globally recognised standard for internal operational controls reporting for service organisations. Unlike some of the previous standards in this area, ISAE 3402 now gives practitioners the ability to use a globally accepted framework, thus creating a more unified and transparent tool for reporting on operational controls at service organisations.

Luke McKeever, chief executive officer (CEO) of OB10, said: “The transition to ISAE 3402 has required us to prove our ability to meet a number of very stringent operating requirements, and we are proud to have achieved this transition so quickly and effectively. This clearly demonstrates our credentials as a well-managed and carefully controlled international enterprise that our clients can rely upon and that will continue to support their own audit requirements.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha